Evocabank - Misplaced Pages

Armenian commercial bank

This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these messages)

The topic of this article may not meet Misplaced Pages's notability guidelines for companies and organizations. Please help to demonstrate the notability of the topic by citing reliable secondary sources that are independent of the topic and provide significant coverage of it beyond a mere trivial mention. If notability cannot be shown, the article is likely to be merged, redirected, or deleted.
Find sources: "Evocabank" – news · newspapers · books · scholar · JSTOR (May 2022) (Learn how and when to remove this message)

This article reads like a press release or a news article and may be largely based on routine coverage. Please help improve this article and add independent sources. (October 2022)

(Learn how and when to remove this message)

EVOCABANK

Evocabank's headquarters in Yerevan, Armenia.
Company type	Closed joint-stock company
Industry	Banking, Financial services
Founded	1990; 35 years ago (1990), Yerevan, Armenia
Headquarters	Yerevan, Armenia
Key people	Karen Yeghiazaryan (Chairman of the Management Board)
Services	Credit cards, Time deposits, retail banking, commercial bank, mortgage loans
Owner	Mareta Gevorkyan (100%)
Number of employees	450 (2023)
Website	www.evoca.am

Evocabank is an Armenian commercial bank with headquarters in Yerevan.

As of 17 January 2023, Mareta Gevorkyan owns 100% of the ordinary shares, as well as 100% of preferred shares issued in 2016, 99.9% of preferred shares issued in 2020 and 100% of preferred shares issued in 2022.

Evocabank provides fast and innovative services through its mobile application EvocaTOUCH.

History

1990: The bank was founded.
2000: Accessed the S.W.I.F.T. system.
2005: Became a shareholder of "Armenian Card" CJSC, and a full member of "ArCa" payment system.
2006: The bank was granted the status of an affiliated member of the "MasterCard Europe" system. The bank started issuing "Maestro", "MasterCard Standard", "MasterCard Gold", "MasterCard Business" banking cards.
2008: The bank issued its own bonds which were privately placed.
2017: The bank has been renamed to Evocabank, changing its strategy and business model, and moving to mobile-first format. Joined in VISA payment system. Introduced SingleTOUCH online loan.
2018: Global Finance magazine named Evocabank The Best Consumer Digital Bank in Armenia for the second year in a row. On the occasion of May holidays, a festive open-air concert was organized.
2019:Evocabank Board Deputy Chairman Karen Yeghiazaryan has been appointed chairman of the board. Visa Infinite card has been presented. Bank became the general sponsor of Eurovision 2019 broadcasting.
2020: Global Banking and Finance Review magazine named Evocabank The Best Digital Bank in Armenia for the second consecutive year. SME Banking Club named Evocabank the Best Mobile Bank in Armenia. Global Finance magazine named Evocabank The Best Consumer Digital Bank in Armenia for the fourth year in a row.
2021: SME Banking Club named Evocabank the Best Mobile Bank for businesses in Armenia in the CIS and the Caucasus. Awwwards team has granted Evocabank's new website 2 honorable mentions: Mobile Excellence Award and Honors, to reward for the talent and efforts, convenience, efficiency and compliance with best practices criteria. Global Banking & Finance Awards announced Evocabank The Best Digital Bank in Armenia for the third consecutive year. Global Finance magazine named Evocabank The Best Consumer Digital Bank in Armenia for the fifth year in a row.
2022: Evocabank share capital increased by AMD 3 Billion. The Bank issued bonds. Evocabank introduced its new Visa Vision card. Bank started new collaboration with HayPost on delivering convenient and affordable fintech services. Visa International awarded Evocabank a prize for Strong Visa Premium Issuance. Global Finance magazine named Evocabank The Best SME Bank in Armenia.
2023: Evocabank released the new, state-of-the-art EvocaTOUCH 2 and EvocaINVEST applications. Bank presented Evoca Digital card, Action online loan, e-Sign electronic signature system to its Partners. Evocabank received 4 awards from Global Finance magazine: The Best Consumer Digital Bank in Armenia, The Best Consumer Mobile Banking App in Armenia, The Best Corporate Digital Bank in Armenia, and The Best SME Banking in Armenia.